Archive for the 'financial services' Category
CBI report sees optimism in UK financial services
A report by the Confederation of British Industry (CBI), has revealed a degree of optimism for the UK financial services sector, which is expected to record higher growth in the next three months, after stagnating in the last quarter.
According to the business group, an improvement will be seen in the next three months after business [...]
Tesco takes next step in banking as it selects Fiserv
Supermarket giant Tesco has taken the next step in its quest to become a bank by signing up Fiserv.
US-based Fiserv provides information management and electronic commerce systems to the financial services industry.
Tesco said Fiserv will assist it in becoming a full-service bank by providing account information and banking transactions for Tesco Bank customers.
John Bower, [...]
CBI survey suggests financial sector picking up
A quarterly survey from the CBI suggests that the UK’s beleaguered financial services sector is on a “gradual” road to recovery.
While the organisation warned of considerable job losses and cuts to investment, there are indications that the sector is emerging from the worst of the downturn.
The CBI also cautioned that the situation remains challenging [...]